Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Sienna Senior Living ( (TSE:SIA) ) just unveiled an update.
Sienna Senior Living has completed a $250 million private placement of Series F senior unsecured debentures in Canada, carrying a 3.524% coupon and maturing on Dec. 18, 2028, with a BBB (Stable) rating from Morningstar DBRS and led by a syndicate including BMO Capital Markets, TD Securities and CIBC Capital Markets. The company plans to use the proceeds to fund the early redemption of its $175 million Series B debentures due in 2026 and for general corporate purposes, a move that refinances near‑term debt, smooths its maturity profile and supports ongoing financial flexibility in its senior living and long‑term care operations.
The most recent analyst rating on (TSE:SIA) stock is a Hold with a C$22.00 price target. To see the full list of analyst forecasts on Sienna Senior Living stock, see the TSE:SIA Stock Forecast page.
Spark’s Take on TSE:SIA Stock
According to Spark, TipRanks’ AI Analyst, TSE:SIA is a Neutral.
Sienna Senior Living’s strong earnings call performance and positive technical indicators are significant strengths. However, financial performance concerns, particularly in profitability and cash flow, and a high P/E ratio, weigh on the overall score.
To see Spark’s full report on TSE:SIA stock, click here.
More about Sienna Senior Living
Sienna Senior Living Inc. is a Canadian senior housing and care provider listed on the TSX under the symbol SIA, offering a full spectrum of senior living options, including independent living, assisted living, memory care through its Aspira retirement brand, long-term care, and specialized programs and services across its network. The company employs approximately 15,000 staff focused on delivering comprehensive residential and care solutions for older adults in Canada.
Average Trading Volume: 286,042
Technical Sentiment Signal: Buy
Current Market Cap: C$1.89B
For a thorough assessment of SIA stock, go to TipRanks’ Stock Analysis page.